RIL Q1 net profit up 19% yoy at Rs 5,352 crore

Reliance Industries Limited today posted a net profit of Rs 5,352 crore on the back of higher refining margins. Mukesh Ambani says, posted strong results for Q1. He also said that his company will continue to invest for the growth of India.

The company had posted a net profit of Rs 4,503 crores in the same period last year.

Net sales of the company for the quarter was at Rs 87,645 crores versus 84,198 crore on quarter.

Other income of the company was Rs 2,535 crores vs Rs 2,243 qoq. EBITDA at 8.1%.